Department of Business Administration

Cost Management(G332)

Course Code Course Name Semester Theory Practice Lab Credit ECTS
G332 Cost Management 6 3 0 0 3 5
Prerequisites G231
Admission Requirements G231
Language of Instruction Turkish
Course Type Elective
Course Level Bachelor Degree
Course Instructor(s) Rüstem HACIRÜSTEMOĞLU rhacirustemoglu@gsu.edu.tr (Email)
Assistant
Objective The objective of the course is to inform students on advanced cost accounting techniques.
Content Traditional cost accounting techniques
Allocation of factory overhead
Introduction to contemporary cost accounting techniques
Activity based costing
Activity based management
Activity based budgeting
Target costing and pricing decisions
Just in time production
Theory of constraints
Quality costs
Cost reduction techniques
Strategic management accounting
Course Learning Outcomes This course will provide to
1. Have information on basic concepts of advanced topics in cost accounting.
2. Identify and analyze contemporary cost accounting techniques.
3. Understand cost reduction techniques used by manufacturing companies and develop cost strategies.
4. Have information on differences between traditional cost accounting systems and contemporary cost accounting systems and implement contemporary cost accounting systems in manufacturing companies.
5. Understand how cost accounting information used for reaching company’s targets and strategies.
Teaching and Learning Methods
References * Maliyet Muhasebesinde Güncel Yaklaşımlar-Rüstem Hacırüstemoğlu, Münir Şakrak.
** Cost Management: A Strategic Emphasis-Edward Blocher, David E. Stout, Gary Cokins, Kung Chen.
Print the course contents
Theory Topics
Week Weekly Contents
1 Traditional cost accounting techniques
2 Traditional cost accounting techniques: allocation of factory overhead
3 Introduction to contemporary cost accounting techniques
4 Activity based costing
5 Activity based costing
6 Activity based management
7 Activity based budgeting
8 Target costing and pricing decisions
9 Just in time production
10 Just in time production
11 Theory of constraints
12 Quality costs
13 Cost reduction techniques
14 Strategic management accounting
Practice Topics
Week Weekly Contents
Contribution to Overall Grade
  Number Contribution
Contribution of in-term studies to overall grade 1 40
Contribution of final exam to overall grade 1 60
Toplam 2 100
In-Term Studies
  Number Contribution
Assignments 0 0
Presentation 0 0
Midterm Examinations (including preparation) 1 40
Project 0 0
Laboratory 0 0
Other Applications 0 0
Quiz 0 0
Term Paper/ Project 0 0
Portfolio Study 0 0
Reports 0 0
Learning Diary 0 0
Thesis/ Project 0 0
Seminar 0 0
Other 0 0
Toplam 1 40
No Program Learning Outcomes Contribution
1 2 3 4 5
1 The acquisition of high-level knowledge of the functions of production management and marketing, management, accounting and finance; the skill of using this knowledge. X
2 The acquisition of basic conceptual knowledge about scientific fields related to professional life, such as law, economics, sociology, psychology, social psychology and quantitative methods. X
3 The ability to work effectively in a team; the ability to pass on knowledge to other members of the team. X
4 The competence to use his/her knowledge on the field, to analyze and interpret the data obtained, to identify the problems encountered, to provide appropriate solutions and scientifically defend these solution suggestions when necessary. X
5 The competence to determine the aims and objectives of the company or institution in which he/she is employed by taking into account the needs, the competitive dynamics of the market and by calculating the risks incurred; the ability to engage in entrepreneurship and establish and manage a business. X
6 Awareness of constantly updating his/her professional knowledge and skills; the ability to adapt to change and innovation; the competence to evaluate critically the information he/she has acquired. X
7 Basic knowledge of information and communication technologies required for professional life; the ability to use core office programs at an advanced level; expertise in data processing and report writing in the IT environment. X
8 Ability to follow current information in his/her field in both English and French and to communicate in writing and verbally with stakeholders in both languages. X
9 The ability to conduct researches and studies taking into account the market, dynamics of competition, organizational and global factors and scientific methods; contribute to projects, take responsibility in projects, display competence to make innovative and effective decisions. X
10 Ability to develop strategies, find creative solutions to management problems by building relations with other areas of the social sciences and take the responsibility of these decisions. X
11 Consciousness of taking into account ethical values, when making decisions and being involved in business life. X
12 Awareness of the impact of practices related to his/her field on the global and social dimensions (universality of social rights, social justice, cultural values, environmental problems, sustainability, etc.) and their legal consequences. X
Activities Number Period Total Workload
Class Hours 14 3 42
Working Hours out of Class 12 3 36
Assignments 10 2 20
Presentation 0 0 0
Midterm Examinations (including preparation) 1 9 9
Project 0 0 0
Laboratory 0 0 0
Other Applications 0 0 0
Final Examinations (including preparation) 1 14 14
Quiz 0 0 0
Term Paper/ Project 0 0 0
Portfolio Study 0 0 0
Reports 0 0 0
Learning Diary 0 0 0
Thesis/ Project 0 0 0
Seminar 0 0 0
Other 0 0 0
Total Workload 121
Total Workload / 25 4,84
Credits ECTS 5
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